Author: ricardofrancois

A Chevy Camaro muscle car abandoned at a South Los Angeles intersection looked suspicious enough.But then LAPD gang detail investigators spotted two teens running from the scene near Slauson Street and Broadway and were able to stop them.One of the young men was carrying an electronic device that police said provides a window into why thefts of popular Camaros have risen more than 1,000% in Los Angeles this year, with 90 vehicles stolen since the beginning of the year. Police said the rise comes at a time when the number of high-powered vehicles is increasing during street seizures.Investigators said the…

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Meta's Mark Zuckerberg plans to visit South Korea and schedule key meetings during the trip, according to a statement from Meta on Wednesday, which did not provide further details. Zuckerberg is reportedly expected to meet with Samsung Electronics CEO Jay Y. Lee later this month to discuss AI chip supplies and other generative AI issues, according to South Korea's Seoul Economic Daily, citing unnamed sources familiar with the matter. The command.Alex Wong | Getty Images News | Getty Imagesdead Facebook said Thursday it will remove a section dedicated to news articles in April that will impact Facebook users in the…

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The Community Bank of New York stands in Brooklyn, New York City, on February 8, 2024.Spencer Platt | Getty Imagesshares New York Community Bancorp It fell more than 20% in extended trading Thursday after the regional lender announced a change in leadership and revealed issues with its internal controls.The regional bank announced that Alessandro Dinello, Executive Chairman of the Board of Directors, will assume the roles of President and CEO, effective immediately. New York Commercial Bank has been under pressure in recent months due in part to concerns about its exposure to commercial real estate.Stock chart icon Stock chart iconNYCB…

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Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.Boeing is paying $51 million to settle US administrative fees related to unauthorized exports to countries including China of technical data related to a range of US military weapons including fighter jets and missile systems.The US State Department said on Thursday that the agreement with the American aerospace manufacturer would resolve nearly 200 violations of the Arms Export Control Act and international arms trade laws. The company and the government reached the agreement after an “extensive compliance review” prompted by Boeing’s disclosures…

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A Tesla electric car plugs into a recharging station at the Healthy Living Market store in South Burlington, Vermont, June 18, 2023.Robert Nickelsburg | Getty ImagesAs of Thursday, owners stronghold Electric vehicles — the Mustang Mach-E and F-150 Lightning — in North America finally have the ability to run on Tesla Superchargers.Ford CEO Jim Farley wrote in a LinkedIn post that the charging partnership, which includes the use of fast-charging adapters, should “improve the electric vehicle ownership experience” for Ford EV drivers, noting that “I've personally experienced it and it works.” great.”Tesla has entered into a similar agreement with General…

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Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.Vanguard CEO Tim Buckley will step down at the end of this year after six years, following a period of rapid growth that included the $9 trillion asset manager coming under fire for its stance on climate change.The world's second-largest money manager said it plans to consider internal and external candidates to replace Buckley, a 33-year veteran who has led Vanguard's efforts to expand abroad and into financial advice.The Pennsylvania-based group, known for its low-cost index funds and retirement plan offerings, said…

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Cold gray storm clouds hovered over Phillips Station near South Lake Tahoe on Thursday as state officials trudged through fresh powder for their third snow survey of the season — just hours before a massive snowstorm set to dump up to 12 feet of snow across the Sierra. Nevada.”The weather is a lot colder than it was a month ago, and that's indicative of the big storm system we're having that will likely bring a lot of rain and a lot of snow, which is good for our snow,” Sabrina Washington said. Information Officer for the California Department of Water…

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The first lunar lander from Intuitive Machines Officially lost power today After spending seven days on the moon. The lander made history as the first American device to reach the lunar surface since 1972 and the first privately built spacecraft to land on the lunar surface. But the lander, called Odysseus, will be remembered for another reason: its propulsion system. This propulsion system, which uses a combination of cryogenic liquid oxygen and liquid methane, could open up new capabilities in space and de-risk future missions undertaken by other commercial providers. Prior to Intuitive Machines' IM-1 mission, no lander had ever…

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David Holz, assistant director of the Western film “Rust,” broke more than two years of silence, describing in vivid detail the scene of Alec Baldwin’s fatal shooting to cinematographer Halena Hutchins.On October 21, 2021, Baldwin, the film's star, and others were preparing for a scene on set in New Mexico. Baldwin was sitting on a pew in a country church, slowly pulling a Colt .45 single-action revolver from his leather shoulder holster and pointing it at the camera. Baldwin's character was about to engage in a shootout with actors portraying lawmen who were storming the church to arrest Baldwin, who…

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Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.A New York court has shut down an alleged Ponzi scheme run by a Harvard MBA who solicited money from fellow graduates of the prestigious US business school, after raising more than $2.9 million.New York Attorney General Letitia James said Thursday that her office obtained a court order to freeze funds controlled by Vladimir Artamonov, after it was alerted of the suicide of one of his clients who lost $100,000.This case highlights how even people with advanced business studies can be vulnerable…

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